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- who the hell are you anyway? - who am i? you will find out very soon. very soon. - [ernie] then we became lead actors. - we don t run. okay, we stick together and we fight. - get out of my house. you are afr- - drama is where all of the conflict happens. - [tisha] scandal is my favorite drama. - how many times have i told you, you have to be what? - everything about it, the twist, the turns, the acting. - twice as good. - twice as good as them to get half of what they have. - i love queen sugar, david makes man. i like the intimacy of that world that s being depicted. - definitely, new york undercover. - waiting for the cops. you stupid? turn around. malik yoba, it was a positive role. it was a great thing to see someone who looks like you, very much a pivotal moment of growing, and trying to figure out who i was. - american drama, it almost doesn t. it doesn t exist without black people now. (upbeat music) (smooth jazz music) - [hank] hey, you looking for som ....
again. so you re not looking at a bounce back. at least not in the early trade. after you have such rough seas like that it s not unusual to see it the next morning. but right now at least it looks like the dow is indicated to open down another 77 points. yesterday closing below 17,000 for the first time since october. the s&p 500 is down another 8 points after closing down by 2% yesterday. check this out, though, the dow negative on the year. s&p is negative on the year as well. this is decline of 2% yesterday for the dow. 16990 is where it closed at the end. it s at risk of the annual winning streak for six years in a row. we should point out the five dow components hitting 52 week lows yesterday includes utx, conoco, exxon and procter & gamble an intel. japan was down by 3% as well. shanghai composite down and hang seng composite down by 1.5. china s august flash factor pmi. that s a key manufacturing index. it dropped to a 77 month low. do the math on that, that s m ....
it is 8:00 a.m. at disney headquarters headquarters 11:00 a.m. in new york and this is squawk alley. welcome to squawk alley for a tuesday. dow down 109. breaking news to start the hour. this time on ford. phil lebeau is in chicago with that. ford in a move expected for months is announcing that it is building a new small car plant in mexico. this plant will be located in the san luis section of mexico an investment of $1.6 billion. it will create 2800 jobs with cars expected to roll off that assembly line in 2018. some of those cars will be sold in the u.s. and sx ported to other countries away the world. no doubt is this a move that will get a lot of attention on the campaign trail from the presidential candidates. just a couple weeks ago, here s what donald trump had it say about ford and its plans to expand around the world. companies are leaving our country rapidly. rapidly. whether it s carrier air conditioning whether it s ford whether it s eaton. i w ....
watch the ten-year, near 2.3 now. fedex does miss expectations, cuts guidance. shares are down sharply in the premarket. we ll have a cnbc exclusive with hewlett-packard s meg whitman. and the stage is set for what could end in the merger of the world s two biggest beermakers. first up, so much going on one day after that rally on wall street. the fed kicking off that two-day meeting today with a decision on rates due tomorrow. possibly the first rate hike in about nine years. one barometer of the economy, fedex missing with quarterly earnings and cutting its full year guidance. sabmiller receiving a takeover approach from anheuser busch inbev. you have been busy. this is not something we have been unaware of. many of us have been chasing it so a certain extent. we ll get into more detail later, that anheuser busch, they did not want this to leak out the way it did. the time clock has started under uk takeover law. they have 28 days to make an offer. there is financ ....
fastest rate in almost two years. uk giant tesco is getting hammered, down about 15% on a profit warning. this joufr seas action comes after the dow and the s&p 500 posted their biggest drop since late october. commodities and tech stocks weighing on the markets. crude oil dropping more than 4%. check this out, it s up slightly at this point. it closed yesterday at 63.05 wti. still sitting below $64 a barrel at $63.65. brent sitting at $66.63. we ve been watching all of in this morning. as you check this out, take a look at the futures this morning. not much to key off of in terms of positive news. s&p futures off by 6 and the nasdaq down by 14. a huge part of that has to be the lead story in the wall street journal saying the fed is now signaling it s going to shift on lower rates, actually raising rates in the next year. that takes away what some people had been anticipating, thinking that these low oil prices will take pressure off the fed. job number changed eve ....